See Home Value
$1,114,895*
Multifamily - Off Market

1728 FOLSOM STREET

PHILADELPHIA, PA 19130
bedrooms
Studio
bathrooms
0 Bath
square feet
2982 Sqft
$825,000 - $1,007,000
Reference Base Price*
21.61%
Since May 1, 2021
National-US
Primary Model

About This Property

Introducing 1728 Folsom DUPLEX!!!. Located in one of the hottest neighborhoods in Philadelphia Fairmount | Spring Garden!!! This Brand NEW CONSTRUCTION boasts upgraded modern finishes with careful attention to every detail. The building has 2 units. Live in one and rent the other out, or receive rental income from both units. Fairmount is booming and the rental market is strong here. Unit 1 is a 2bd | 2ba Bi-level apartment with a massive 210 Sq. ft rear yard and pro forma rent of 2,300/month. Unit 2 is a 2bd | 2ba Bi-level apartment with a skyline roof deck, pro forma rent of 2,600/month. Pro forma annual rent: $58,800, Pro forma CAP: 6 %. Both Unit's feature a flexible floor plan, High ceilings, large windows and an open contemporary feel. Hardwood floors & recessed LED lighting. All kitchens have modern cabinetry, tile back splash, granite countertops, stainless steel appliances. There is ample closet space and W/D in both units. This fabulous location is near all the amenities on Fairmount Ave including Dry-cleaning, CVS, Rite-Aid, Whole Foods, Target, Wawa and more! High Walk Score for Walkability, Transit, and Bike-ability. It takes just minutes to get to Center City or University City. There are several Septa routes nearby, and all major highways are easily accessible. 30th Street Station, Boathouse Row, Kelly Drive and I-76. Approved 10-year TAX ABATEMENT and 1 yr Builder Warranty. Brought to you by Unity Developers. Great property for OWNER OCCPANT | 1031 EXCHANGE or INVESTORS!

The manager has listed the unit size as 2982 square feet.
Unit Size
2,982Ft²
Days on Market
-
Land Size
0.02 acres
Price per sqft
$307
Property Type
Multifamily
Property Taxes
$903
HOA Dues
-
Year Built
1920

Price History

Date / Event Date Event Price
Sep 17, 2021 Sold to Christopher Collier, Collie... $465,000
Sold to Christopher Collier, Collie...
Apr 4, 2021 No longer available -
No longer available
Mar 10, 2021 Price Increased $916,800
↑ $900 (0.1%)
Price Increased
Feb 25, 2021 Price Increased $915,900
↑ $900 (0.1%)
Price Increased
Feb 17, 2021 Listed $915,000
Listed

Property Highlights

Air Conditioning


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Townhouse
4 Beds
4 Baths
3,000 ft²
$325/ft²
$975,000 Apr 11, 2019
$975,000 Jul 10, 2019
-
Townhouse
4 Beds
4 Baths
2,700 ft²
$365/ft²
$985,000 Nov 3, 2016
$985,000 Apr 25, 2017
-
Townhouse
3 Beds
5 Baths
3,400 ft²
$279/ft²
$950,000 Mar 26, 2015
$950,000 Jun 12, 2015
-
Townhouse
3 Beds
5 Baths
3,400 ft²
$279/ft²
$950,000 Jun 2, 2015
$950,000 Jun 26, 2015
-
Townhouse
3 Beds
5 Baths
3,400 ft²
$279/ft²
$950,000 Jun 2, 2015
$950,000 Jun 23, 2015
-
Townhouse
3 Beds
3 Baths
2,583 ft²
$319/ft²
$825,000 Dec 10, 2018
$825,000 Mar 15, 2019
-
Multifamily
Stu
-
-
$999,000 Apr 19, 2024
-
-
Townhouse
Stu
-
-
$1,000,000 Dec 7, 2023
-
-
Townhouse
Stu
-
-
$849,000 Apr 19, 2024
-
-
House
4 Beds
3 Baths
2,808 ft²
$320/ft²
$899,000 Mar 13, 2024
-
-
Townhouse
Stu
-
-
$799,995 Oct 17, 2023
-
-
Townhouse
Stu
-
-
$849,000 Apr 19, 2024
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210306 Unit B
03/06/2021
B
2 Bed
2 Bath
1572 ft²
$475,800
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1572 ft²
-
-
-
-
20210307 Unit A
03/07/2021
A
2 Bed
2 Bath
1410 ft²
$450,900
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1410 ft²
-
-
-
-
20210217
02/17/2021
Studio
-
2982 ft²
$915,000
bedrooms
Studio
bathrooms
-
square feet
2982 ft²
$465,000 -49.18%
09/17/2021
Billy Grewal

Building Info

1728 Folsom Street 1728 Folsom Street, Philadelphia, PA 19130
More about this Building
1728 Folsom Street
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About North Philadelphia


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